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    215 Main St Troy, NC 27371

    • Office buildings
    • 2,936 SF
    • 0.26 lot acres
    For Sale
    View listing
    $275,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-4576753
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 215 Main St

    Year built
    1946
    Lot size
    0.26 lot acres
    Property size
    2,936 SF
    Property type
    Office buildings
    APN
    7538 10 37 3136
    APU
    753810373136

    Description

    This exceptional investment opportunity presents a prime commercial property located at 215 & 217 N Main Street in the heart of Troy, NC. The property encompasses multiple retail and office spaces currently occupied by established tenants, generating consistent rental income. This makes it an ideal addition to any investor's portfolio seeking a stable, cash-flowing asset. The 0.4-acre lot provides ample space, and the property includes both street-level Main Street frontage and additional spaces in the basement. The building's current configuration offers flexibility for a variety of uses, allowing for potential expansion or adaptation to meet evolving market demands. The property is priced competitively at $275,000, representing a strong return on investment given the existing tenant occupancy and desirable downtown location. Serious inquiries are encouraged. Showings are strictly by appointment only to ensure minimal disruption to the current tenants and their operations. Please contact us to schedule a viewing and explore the potential of this lucrative investment opportunity. Detailed financial information and tenant occupancy details are available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Montgomery
    State
    North Carolina
    Longitude
    -79.8942
    Latitude
    35.3602

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $33,978
    $89,354
    $123,332
    -
    $33,978
    $89,354
    $123,332

    Comparable in this City

    • Value Estimation by Request
      1,650 SF

      609 Main St

      OFFICE BUILDING • 1,650 SF
      609 Main St, Troy, NC 27371-2710
      View Details
    • Value Estimation
      $300,000
      3,920 SF

      1340 Albemarle Rd

      OFFICE BUILDING • 3,920 SF
      1340 Albemarle Rd, Troy, NC 27371
      View Details
    • Value Estimation by Request
      15,174 SF

      445 Page St

      OFFICE BUILDING • 15,174 SF
      445 Page St, Troy, NC 27371
      View Details
    • Value Estimation
      $385,000
      2,840 SF

      305 Guilford St

      OFFICE BUILDING • 2,840 SF
      305 Guilford St, Troy, NC 27371-2705
      View Details
    • Value Estimation
      $245,000
      2,900 SF

      115 Main St

      OFFICE BUILDING • 2,900 SF
      115 Main St, Troy, NC 27371
      View Details
    • Value Estimation
      $420,000
      4,980 SF

      203 Main St

      OFFICE BUILDING • 4,980 SF
      203 Main St, Troy, NC 27371-3063
      View Details

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    215 Main St
    Troy, NC 27371
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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